Third Party Banking Software Market Research Report Highlights Key Findings in the Field of Vendor Landscape, Key Market Segments, Regions, and Latest Trends and Drivers

Supplier landscape

The market structure is expected to remain fragmented during the forecast period. The report also provides information on several market vendors including Accenture Plc, Capgemini Services SAS, Fidelity National Information Services Inc., Fiserv Inc., Infosys Ltd., International Business Machines Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd. ., and Temenos AG among others.

Suppliers deploy organic and inorganic growth strategies to compete in the market.

Accenture Plc – In january 2020, the company collaborated with InterContinental Hotels Group to deliver a solution that uses augmented and virtual reality to reinvent the event planning experience

See more on the highlights of the marketplace vendor landscape with a comprehensive list of vendors and their offerings.

Key market segmentation

  • Segmentation by end user:
    • Retail users:
      • Third-party vendors of the banking software market are expected to focus on capturing the business opportunities of the retail user segment, as it accounted for the largest market share in the base year.
      • Banks and other financial institutions are focused on developing more secure websites as well as software applications to meet the needs of retail users, which is seen as a key driver of the growth in adoption of third-party banking software. in retail. user segment.
    • Corporate users
  • Segmentation by deployment:
    • On the site:
      • In terms of deployment, the on-premise segment is expected to generate maximum revenue over the forecast period.
      • Third-party on-premises banking software is considered highly secure because it is managed and maintained by the banking industry companies that use it. Additionally, businesses have full control over their on-premise solution, allowing them to provide restricted access.
    • Cloud based

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Regional market outlook

Europe will register the highest growth rate of 33% among other regions. Hence, the market for third-party banking software in Europe is expected to generate significant business opportunities for suppliers during the forecast period.

United Kingdom, Germany and France are the key markets for third-party banking software in Europe. Market growth in this region will be slower than market growth in APAC, MEA and South America regions.

The growth of the banking industry will facilitate the growth of the third-party banking software market in Europe over the forecast period.

Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.

Latest trends in the global third-party banking software market

  • Third Party Banking Software Market Driver:
    • Growing use of digital payment solutions:

Various banking industry companies around the world offer digital payment solutions to improve day-to-day processes and gain a competitive advantage over their competitors. In addition, digital payments are expected to account for almost 90% of the total money spent in Canada by 2030. With the growth of digital payment platforms, the demand for third-party banking software will also increase, as it will help businesses manage their digital payment platforms. Therefore, with the increase in digital payments, the demand for third-party banking software is also expected to increase during the forecast period.

  • Third Party Banking Software Market Trend:
    • Integration of analytics into third-party banking software:

Customers are adopting mobile devices and digital technologies to interact with businesses and access banking services. This has led to an exponential growth in customer data with companies in the banking industry. The data collected by these companies can be analyzed, allowing them to make smarter and faster decisions to improve efficiency across the business. Hence, it encourages companies to go for third-party banking software with analytics. It helps businesses increase profitability, improve decision making, reduce risk, gain valuable customer insight and optimize performance. These factors encourage various companies to offer analytics solutions with third-party banking software.

Find additional information on various other market drivers and trends mentioned in our FREE Sample Report.

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Scope of third-party banking software

Cover of the report


Page number


Year of reference


Forecast period


Growth dynamics and CAGR

Decelerate to a 10% CAGR

Market growth 2021-2025

$ 3.04 billion

Market structure


Annual growth (%)


Regional analysis

Europe, North America, APAC, South America and MEA

Efficient contribution to the market

Europe at 33%

Main consumer countries

United States, United Kingdom, China, Germany, France and Japan

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Accenture Plc, Capgemini Services SAS, Fidelity National Information Services Inc., Fiserv Inc., Infosys Ltd., International Business Machines Corp., Oracle Corp., SAP SE, Tata Consultancy Services Ltd. and Temenos AG

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period


If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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